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For almost 40 years now, the Nutri Snack Group of Companies has been one of

the country‟s major players in the snack food industry. Moby, Peewee, Tomi and
Loaded are just some of the brands introduced by the companies that soared rapidly
into the hearts of snack lovers and easily became among the popular favorites in the
market. Nutritive Snack Food Corporation has been producing the finest quality and
most innovative funsnacks for the discriminating Filipino market since 1981. By the
early „90s, the company extended its snack line-up and formed Stateline Snack Food
Corporation to primarily cater to consumers‟ preference for corn-based and potato-
based chips. This was immediately followed by the company‟s entry into the
confectionery market. To date, NutriSnack Group of Companies has more than 20
varieties of best-tasting snack foods and chocolate products. In recent years, the
company has further diversified to include ready-to-drink in its product portfolio. A
network of well-established distributors exclusively sells all products of NutriSnack
Group of Companies nationwide. Company volumes are generated from an extensive
range of distribution channels – from the smallest retailers to the largest wholesalers –
which are continually enhanced to further improve and widen the coverage. The
company‟s major thrust centers on providing the best value for all its products while
never sacrificing quality.

Nutritive Snack Food Corporation focuses on hiring employees to work at the


factory producing food products, which is their main priority with regards to hiring. The
role of a payroll manager is very important. Yet, the Corporation was not able to take
too much attention on it because of prioritizing factory workers. Also, managers don't
have enough time to stretch doing some payroll works. The Corporation has two
options, whether to hire a person, or outsource.

If the corporation will hire people, they will be paid monthly wages, sick leave,
and holiday pay plus have access to computer resources and office equipment. Also,
there will be expenses for trainings and seminars. The more people hired, the more
resources will be deducted from corporation's assets. Also, you will need to pay them
their internship salary and benefits while training for your company. You will also need
to pay monthly salaries and extra payments for over times and year-end bonuses.

The average salary for a Payroll Manager is Php 58,026 per month in the
Philippines. Salary estimates are based on 9 salaries submitted anonymously to
Indeed by Payroll Manager Employees, users, and collected from past and present job
advertisements on Indeed in the past 36 months.

Why outsource?
Outsourcing payroll allows employers to concentrate on their core business and
frees up the business owner, human resources or accounting personnel to work more
on strategic tasks that could ultimately affect your bottom line. Regardless of the
number of people employed by your business, attending to payroll demands a great
deal of time and attention to detail.
The direct costs of processing payroll can be greatly reduced by working with a
payroll provider. Do the math. You‟ll probably be surprised by the result. If you
outsource payroll, you don‟t have to worry about your payroll processing company
calling in sick, resigning, wanting to take a vacation OR wanting to request a possible
maternity leave that you have to pay for.

Most business owners and payroll related staff don‟t have time to research and
study constantly changing regulations, withholding rates, and government forms. By
outsourcing payroll, a small business can take advantage of expertise that was
previously available only to big companies.

Payroll processing is a complex and potentially risky business operation. Even


with long time trusted employees, there is always a risk of identity theft, embezzlement
of funds, or tampering with company files for personal gain. Additionally, online payroll
solutions offer a “safe haven” for your confidential payroll data. In addition to
redundant backup and multiple server locations, a quality payroll provider invests in
state-of-the-art systems for storing and protecting data, simply because it‟s part of the
service provided to clients.

Lastly, with the help of a professional payroll service provider, the hassle and
pain often associated with processing payroll is gone. You provide the basic
information, and your payroll company takes care of the rest.

Outsourcing rates:
Payroll service- 250$ per month or 12,707 pesos

Finances when you hire: Finances when you Financial Savings when
outsource: you outsource:

Payroll manager/services- 58, Payroll manager/services- 45,319 pesos


026 pesos 12,707 pesos

Resources- 5,000 pesos

Bonuses- 5,000 pesos

Total savings- 55,319


pesos

Through outsourcing, the Corporation will be able to save an estimated of 55,


319 pesos monthly. Also, work will be more efficient and effective. Productivity will also
increase. There are a lot of advantages of outsourcing that will lessen the cost and
burden of hiring a payroll manager or avail payroll services.
Business Processing
Outsourcing

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